"A loophole in HSBC’s pledge to phase out financing for coal by 2040 will allow the bank to support companies with plans to build more than 70 new coal plants"

Guardian:

HSBC bowed to investor pressure over its support for fossil fuels earlier this year by vowing to phase out its financing of coal-fired power and coal mining by 2030 in developed economies, and by 2040 elsewhere in the world.

However, the pledge will not extend to HSBC’s $612bn asset management arm

...

The coal plants are expected to be built in Bangladesh, China, India, Indonesia, Japan, Madagascar, Pakistan, the Philippines, South Africa, South Korea and Vietnam.

"Reeling From Effects of Climate Change, Alaskan Village Votes to Relocate"

NYT:

Residents of a small Alaskan village voted this week to relocate their entire community from a barrier island that has been steadily disappearing because of erosion and flooding attributed to climate change.

In the unofficial results of an election on Tuesday in the village, Shishmaref, residents voted 89 to 78 to leave. The plan would move the village, which is 120 miles north of Nome, to one of two sites on the mainland about five miles away, officials said. But the village needs an estimated $180 million from a patchwork of sources to complete the move, according to a 2004 estimate.